“We’re looking at an industry on the brink,” said Truman Bradley, executive director of the Marijuana Industry Group. “If things don’t change, we will continue to see small businesses close their doors.”
Banking has always been a contentious issue in cannabis. While many dispensaries offer cashless ATMs that allow for debit cards, the ability to use credit will rely on federal rescheduling or legalization.
The success of Colorado's tightly regulated system has helped reshape the public's perception of cannabis, but the industry faces headwinds in its second decade.
A decade after Colorado legalized recreational marijuana, a Denver Post letter writer asks what regulation there is when he can buy a cookie-flavored vaporizer with a high potency THC for $64.
It's been 10 years since Colorado hosted the world’s first legal sales of recreational marijuana. The success of Colorado's tightly regulated system has helped reshape the public's perception of cannabis, but the industry faces headwinds in its second decade.